Open regionalism and trade cooperation between the world’s two largest developing countries, the People’s Republic … of China (PRC) and India, can foster outward-oriented development and intra-regional trade based on comparative advantage … and available factor endowments. In view of the recent wave of worldwide subregional and bilateral trade cooperation, and …

When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the … producing old goods. Trade liberalization with a low wage country reduces the profitability of old goods and so the opportunity … offers a new mechanism for positive welfare effects of trade liberalization over and above the standard benefits of …

significant even after we control for changes in the product composition of trade flows. We also find that the decline in trade w …

track all changes in the trade structure and competitiveness over time. The long-term trend of the indicators suggests that … the Austrian foreign trade sector was able to maintain its market share in the global environment. While the Austrian … foreign trade performance only slightly deviates from the pattern of the traditional industrialised countries, a strong …

Since changes in trade openness are typically confounded with other factors, it has been difficult to identify the … labor market consequences of increased international trade. The advent of the United States Interstate Highway System … provides a unique policy experiment, which I use to identify the effect of reducing trade barriers on the relative demand for …

particular, and in contrast with estimates of the trade effect of other currency unions, we find that the impact of the euro on … trade has been close to zero. After reviewing the costs and benefits, we conclude with some open questions on normative and …